{"id":664655,"date":"2025-05-05T00:00:00","date_gmt":"2025-05-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/05\/govt-wants-to-buy-8-5-mn-tons-of-wheat-in-fy-2025-26\/"},"modified":"2025-05-05T00:00:00","modified_gmt":"2025-05-05T00:00:00","slug":"govt-wants-to-buy-8-5-mn-tons-of-wheat-in-fy-2025-26","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/05\/govt-wants-to-buy-8-5-mn-tons-of-wheat-in-fy-2025-26\/","title":{"rendered":"Gov\u2019t wants to buy 8.5 mn tons of wheat in FY 2025-26"},"content":{"rendered":"

The gover<\/strong>nment plans to purchase 8.5 mn tons of wheat in the upcoming fiscal year<\/strong>, split between local and imported supply, a government source told EnterpriseAM. That\u2019s around 300k tons more than FY 2024-2025 as the state looks to ensure sufficient bread availability under its subsidized bread program.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

What\u2019s the sourcing strategy? <\/strong>Around 3-3.5 mn tons will come from local farmers, who are barred from selling their harvest before meeting state quotas. The remaining 5 mn tons will be imported through international contracts, the source said.<\/p>\n

REMEMBER- <\/strong>The Madbouly government recently announced<\/a> that it will increase its payment for local wheat to EGP 2.2k per ardeb of wheat during the upcoming harvest season, up from EGP 2k. <\/p>\n

Bread prices will stay put even though the cost of producing subsidized bread is <\/strong>expected to <\/strong>reach EGP 125 bn in FY 2025-2026<\/strong>, up from EGP 90 bn this year, according to a government document seen by EnterpriseAM. The Finance Ministry has allocated EGP 124.3 bn for bread subsidies in next fiscal year\u2019s draft budget, up from EGP 97.7 bn.<\/p>\n

The increase comes as the government raises its projected wheat import price<\/strong> to <\/strong>USD<\/a><\/strong>280 per ton<\/a><\/strong>, up from USD 240 this year. To cushion against further price shocks, the draft budget sets aside EGP 44 bn for subsidized commodity costs \u2014 more than four times the EGP 10 bn earmarked in the current fiscal year.<\/p>\n

There are also new wheat suppliers on the radar<\/strong>, with Egypt reviewing import requests from Pakistan and Mexico as it looks to expand beyond its 22 approved wheat origins, Central Administration of Agricultural Quarantine head Mohamed El Mansi told Enterprise AM. The new sources are being vetted for food safety and soil impact.<\/p>\n

DATA POINT- <\/strong>Egypt imported 14.4 mn tons of wheat in 2024, mostly split between the government and private buyers. Around 12 mn tons came from just two countries \u2014 Russia and Ukraine \u2014 with the rest sourced from seven other origins.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government aims to source 3-3.5 mn tons locally, with the rest to be secured via global contracts<\/p>\n","protected":false},"author":1,"featured_media":664656,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7305],"tags":[317,72,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-664655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","tag-commodities","tag-enterpriseam","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"f81640a7-e8b8-4e49-8954-d6750508befd","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/200.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt wants to buy 8.5 mn tons of wheat in FY 2025-26","related_issue":[664640],"teaser":"The government aims to source 3-3.5 mn tons locally, with the rest to be secured via global contracts","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.f6120613-b741-4992-a422-b59afdc2189c.mp3"},"yoast_head":"\nGov\u2019t wants to buy 8.5 mn tons of wheat in FY 2025-26 - 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PLUS: News from HSBC and Mountain View","author":"enterpriseam admin","date":"6 June 2024","format":false,"excerpt":"The government is paying farmers EGP 2k per ardeb of wheat this harvest season","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/660.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":663634,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/13\/private-sector-leads-wheat-imports-in-1q-2025-as-state-purchases-plummet\/","url_meta":{"origin":664655,"position":2},"title":"Private sector leads wheat imports in 1Q 2025 as state purchases plummet","author":"enterpriseam admin","date":"13 April 2025","format":false,"excerpt":"Private firms made up 72% of total wheat imports during the quarter","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/256.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546418,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/egypt-to-receive-500k-tons-of-indian-wheat-despite-export-ban\/","url_meta":{"origin":664655,"position":3},"title":"Egypt to receive 500k tons of Indian wheat despite export ban","author":"enterpriseam admin","date":"16 May 2022","format":false,"excerpt":"FROM THE DEPT. 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